Residential real estate sales for our area are in from the North Texas Real Estate Information Services. Since the real estate markets are ultra local, here is a look at localized stats. You can see that painting a broad picture of the North Dallas market can be inaccurate because these areas are performing so differently - up 3% in one area and down 17% in another. Within these areas, the individual neighborhood statistics vary as well.North Dallas (south of LBJ, between Midway & Central):
Number of Sales: 234 (up 8% from this time in 2010)
Average Sales Price: $765,455 (up 5% from 2010)
Average Days on Market: 119 ( same as 2010)
Park Cities:
Number of Sales: 296 (up 8% from 2010)
Average Sales Price: $1,128,345 (up 5% )
Average Days on Market: 95 (down 14%)
Northeast Dallas (east of Central):
Number of Sales: 210 (down 3% from 2010)
Average Sales Price: $245,569 (down 4% )
Average Days on Market: 74 (up 21% )
Northwest Dallas (west of Midway):
Number of Sales: 185 (down 14% from 2010)
Average Sales Price: $217,893 (down 2% )
Average Days on Market: 85 (up 29% )
Far North Dallas (north of LBJ to Plano, Central to Marsh):
Number of Sales: 293 (down 17% from 2010)
Average Sales Price: $321,194 (up 4% )
Average Days on Market: 93 (up 21% )
[where: 75230]
2 comments:
The reason for this is that Texas’ surf and turf topography, wide-open spaces, relaxed but varied lifestyle and wide-open spaces helped to attract buyers who were suddenly jaded with a cramped city lifestyle and wanted to put their money into Texas real estate that would be a sound investment from the start.
Texas Land For Sale
Great information. I have the Dallas Real Estate market will pick up and be very lucrative
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